
SaveDay
Saveday is a modern financial wellness platform designed to simplify retirement planning for small and medium-sized businesses. It offers fully bundled 401(k) plans that include customizable plan design, third-party administration (TPA), recordkeeping, and fiduciary services (3(16) and 3(38)). Beyond retirement plans, Saveday provides additional features such as Last Will & Testament services, Traditional and Roth IRAs, and access to life insurance, all integrated into a single platform.
Employers benefit from Saveday’s cost-effective solutions, with a base fee of $200 per month plus $9 per employee, while employees incur a low annual fee of 0.25% based on their account balance. The platform’s user-friendly interface allows for easy setup and management of retirement plans, making it an attractive option for businesses seeking to enhance their employee benefits without significant administrative burden.
Saveday also emphasizes financial education and personalized investment strategies, helping employees make informed decisions about their financial futures. By integrating with most payroll providers, Saveday ensures seamless administration and compliance, positioning itself as a comprehensive solution for workplace financial wellness.